Welcome

Simple specializes in the real estate life cycle from acquisition, underwriting, asset management, and dispositions serving conventional, mixed-income, and 100% affordable properties. With a strong technical knowledge of government funding programs including the Housing Tax Credit Program, HOME Partnership Investment Program, National Housing Trust Fund, TCAP, RAD, and NS, Simple Asset Management is uniquely positioned to understand the complexity and impacts of layered financing.

100% AFFORDABLE  →    MIXED INCOME   →   CONVENTIONAL

ABOUT US

Simple Asset Management is a boutique real estate firm with a unique skillset encompassing private and public sector experience.  We are a proud women and minority-owned business with an acumen for conventional real estate, and with a heart for affordable housing.

The principal, Jill Cromartie, amasses an array of experience within the private sector and state government. With more than 20 years in real estate and housing, she brings real estate expertise, asset management experience, compliance knowledge, and a deep commitment to the affordable housing industry to the Agency. Jill received her B.A. in Real Estate at Georgia State University, and is actively engaged with the Women’s Affordable Housing Network.

Applicable NAICS Codes: 531210, 531390, 531110, 541990

OUR SERVICES

Asset Management

Optimize the performance of your portfolio through periodic financial assessments including mark to market reviews, rental rate assessments, expense optimization, loan analysis (individual and portfolio level), and tax assessment review.

Brokerage

Engage Simple Asset Management to identify land perfectly suited for your development needs. Whether posted for sale or off the market, Simple has decades of experience procuring real estate on behalf of investors and developers.

Pre-Leasing

Maximize profits from day-1 by pre-leasing vacant units, which ensures move-ins at the earliest possible date.  For affordable housing properties, allow Simple’s compliance know-how to ensure full credit delivery through the placement of income-qualified residents.

Underwriting

Guarantee the financial undergirding and property stability through Simple’s underwriting process.  Whether small or large, conventional or affordable, simple or layered fund sources, Simple can assist with pro-formas, sources and uses, and flow of funds.

Consulting

Utilize years of hands-on experience, knowledge, and relationship in submitting for RFPs, RFIs, identifying funding sources, development, change management and housing consultancy.

Other Specialities

Rental Assistance Demonstration

Capacity Building and Training

Government Liaising

Qualified Allocation Plans

Alabama – 2022 QAP

Georgia – 2022 QAP

North Carolina – 2022 QAP

South Carolina – 2022 Draft QAP

Tennessee – 2022 QAP

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